Political corruption

Financial Corruption: Monopolies in Early American Industries As America?s Industrial Revolution ?slipped into high gear?, the predominantly agricultural and handiwork based economy turned to one dominated by industry and machine work. For the first time in American history, a class of millionaires emerged. Leading the way for this new class of millionaires were two men, John D. Rockefeller, and Andrew Carnegie. These men were not just business tycoons. They helped to create new ways in which American?s conduct business, both then, and now. These innovative practices, which Rockefeller and Carnegie based their respective industry?s on, became known as vertical and horizontal integration.